The Thai Official Gazette Sept. 24 revealed Royal Decree No. 788, exempting VAT on cryptocurrency and utilization digital token transfers. The decree contains measures: 1) exempting VAT on cryptocurrency or utilization digital token transfers occurring from Jan. 1, for use in a digital asset buying and selling heart, made by way of or by a digital asset dealer, or transferred to a digital asset dealer in accordance with the Digital Asset Enterprise Act; and a couple of) defining “utilization digital tokens” as tokens supposed to ascertain the appropriate to accumulate items, providers, or every other specified rights. The decree enters into drive Sept. 25. …